Roundtable on Surveys and Statistics in Class Certification
Presented by:
Class Actions and Derivative Suits Committee
Co-Sponsored by:
Securities Litigation Committee
Thursday, July 13, 2017 - 10:00 - 11:00 AM PST
Join this Roundtable to hear leading Plaintiff's counsel, Defense counsel and experts discuss the following topics concerning the use of Surveys and Statistics in Class Certification:
- General primer on the different types of statistics and common terminology
- Summary of case law use of statistics in arguing for and against class certification
- Types of statistics commonly used in class actions
- Regression analysis
- Example of case where used - antitrust case alleging a conspiracy to increase prices
- Explain how regression could be used to estimate impact
- Macro-commonality (Are regression estimates of impact consistent across broad groups within the proposed class?)
- Micro-commonality (How do the prices paid by individual members of proposed class compare to the estimated impact)
- Surveys
- Example of case where used – food labeling cases
- Surveys (with conjoint analysis) combined with regression (or other econometric techniques) often used to attempt to isolate the price premium that resulted from the misleading aspect of the labeling
- Preparing and cross-examining experts on opinions involving statistics
Presented by:
Brendan P. Glackin (Lieff Cabraser Heimann & Bernstein, LLP)
D. Lee Heavner (Analysis Group, Inc.)
Paul Karlsgodt (Baker & Hostetler LLP)
Olivier Toubia (Columbia Business School)
Introduction by:
Tonna Farrar (Bonnett, Fairbourn, Friedman & Balint, PC)